--- title: "End-to-end automation for crypto exchanges and brokers: Shift Markets partners with Cryptio" description: Cryptio and Shift Markets have partnered to enable end-to-end automation for crypto exchanges and brokers, to ensure they meet regulatory reporting requirements for digital asset licenses. image: https://blog.cryptio.co/hubfs/Shiftmarkets%20partnershio%20blog%20header%20(GENT-257).png --- [![Cryptio logo](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/logo-black.svg "Cryptio logo")](https://cryptio.co/) - Solutions ![accounting-firms-green-bordered.b2040145-3](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-3.svg) ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax) [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax) ![internal-controls-green-bordered.eaefa46d-1](https://blog.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d-1.svg) ##### [Internal controls](https://cryptio.co/solutions/internal-controls) [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls) ![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg) ##### [Reconciliation](https://cryptio.co/solutions/reconciliation) [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation) [![build-vs-buy-guide.64b11d10-1](https://blog.cryptio.co/hubfs/build-vs-buy-guide.64b11d10-1.svg)](https://landing.cryptio.co/build_vs_buy) ##### [Build your back-office](https://landing.cryptio.co/build_vs_buy) Learn why leading enterprises choose to buy rather than build their own back-office solutions [Download guide](https://landing.cryptio.co/build_vs_buy) - Use cases - **![banks-exchanges-green-bordered.349e49cf-1](https://blog.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf-1.svg)** ###### Banks Enterprise back-office with internal controls to ensure accurate reporting - **![Nav bar icons_CeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_CeFi.svg)** ###### Exchanges & Brokers Get audit-ready and reconcile on-chain activities with internal systems - **![Nav bar icons_Stablecoins](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Stablecoins.svg)** ###### Stablecoins Auditable on-chain tracking for institutional grade reporting - **![Nav bar icons_Wallet](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)** ###### Wallets Track and report on cross-chain revenue and expenses - **![Nav bar icons_DeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_DeFi.svg)** ###### DeFi Enterprise Transform on-chain DeFi activity into auditable financial statements - **![Nav bar icons_On & Off Ramp](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_On%20%26%20Off%20Ramp.svg)** ###### On & Off Ramps Reconcile crypto order fulfillment for auditable financial statements - **![Nav bar icons_Storage Provider](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)** ###### Storage Providers Automated accounting for storage provision revenue and expenses - **![Nav bar icons_Miners](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)** ###### Miners GAAP and IFRS-grade financial reporting including impairments - **![Nav bar icons_Exchanges](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)** ###### Exchange Traded Crypto Auditable accounting and NAV reporting for on-chain activities - **![Nav bar icons_NFT_marketplaces](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)** ###### NFT Marketplaces Transform on-chain NFT activities into auditable financial statements - **![Nav bar icons_NFT_Enterprises](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)** ###### Enterprise NFTs Auditable revenue reporting for branded NFT activities inc. royalties - **![Nav bar icons_Videogame](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)** ###### Gaming Transform on-chain activities into auditable financial statements - **![public-sectors-green-bordered.b77716e2](https://blog.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)** ###### Public Sectors Verify financial statements and tax filing accuracy for digital asset - **![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)** ###### Blockchain Foundations Help your ecosystem meet its accounting and reporting requirements - **![accounting-firms-green-bordered.b2040145-2](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)** ###### Accounting Firms Join 50+ world-class accounting, audit, tax, and advisory firms - [Partners](https://cryptio.co/partners) - Learn ##### [Blog](https://blog.cryptio.co/) [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/) ##### [Courses](https://cryptio.co/learn) [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn) [![stablecoin-reporting-nav.d2d366b0](https://blog.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide) ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide) Best practices for stablecoin accounting & reporting [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide) [![fair-market-value-accounting-nav.2bb55e56](https://blog.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide) ##### [Fair Market Value Accounting](https://landing.cryptio.co/fmv-accounting-guide) Transition to the newFASB FMV rules [Download guide](https://landing.cryptio.co/fmv-accounting-guide) [![month-end-reconciliation-nav.9eb360bc](https://blog.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation) ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation) Best practices for your month-end processes [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation) [![how-to-get-audit-ready-nav.a0fbb70b](https://blog.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready) ##### [Get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready) Completeness & accuracyfor on-chain businesses. [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready) [![build-your-back-office-nav.7bffac50](https://blog.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook) ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook) Accounting & reportingfor crypto-native businesses [Download guide](https://landing.cryptio.co/guides/back-office-playbook) - [Pricing](https://cryptio.co/pricing) - [Careers](https://cryptio.co/careers) [![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425) [![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c) ![Menu](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/hamburger_menu.svg) ![Menu](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/cross.svg) ## Menu - Solutions ![accounting-firms-green-bordered.b2040145-3](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-3.svg) ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax) [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax) ![internal-controls-green-bordered.eaefa46d-1](https://blog.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d-1.svg) ##### [Internal controls](https://cryptio.co/solutions/internal-controls) [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls) ![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg) ##### [Reconciliation](https://cryptio.co/solutions/reconciliation) [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation) [![build-vs-buy-guide.64b11d10-1](https://blog.cryptio.co/hubfs/build-vs-buy-guide.64b11d10-1.svg)](https://landing.cryptio.co/build_vs_buy) ##### [Build your back-office](https://landing.cryptio.co/build_vs_buy) Learn why leading enterprises choose to buy rather than build their own back-office solutions [Download guide](https://landing.cryptio.co/build_vs_buy) - Use cases - **![banks-exchanges-green-bordered.349e49cf-1](https://blog.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf-1.svg)** ###### Banks Enterprise back-office with internal controls to ensure accurate reporting - **![Nav bar icons_CeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_CeFi.svg)** ###### Exchanges & Brokers Get audit-ready and reconcile on-chain activities with internal systems - **![Nav bar icons_Stablecoins](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Stablecoins.svg)** ###### Stablecoins Auditable on-chain tracking for institutional grade reporting - **![Nav bar icons_Wallet](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)** ###### Wallets Track and report on cross-chain revenue and expenses - **![Nav bar icons_DeFi](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_DeFi.svg)** ###### DeFi Enterprise Transform on-chain DeFi activity into auditable financial statements - **![Nav bar icons_On & Off Ramp](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_On%20%26%20Off%20Ramp.svg)** ###### On & Off Ramps Reconcile crypto order fulfillment for auditable financial statements - **![Nav bar icons_Storage Provider](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)** ###### Storage Providers Automated accounting for storage provision revenue and expenses - **![Nav bar icons_Miners](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)** ###### Miners GAAP and IFRS-grade financial reporting including impairments - **![Nav bar icons_Exchanges](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)** ###### Exchange Traded Crypto Auditable accounting and NAV reporting for on-chain activities - **![Nav bar icons_NFT_marketplaces](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)** ###### NFT Marketplaces Transform on-chain NFT activities into auditable financial statements - **![Nav bar icons_NFT_Enterprises](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)** ###### Enterprise NFTs Auditable revenue reporting for branded NFT activities inc. royalties - **![Nav bar icons_Videogame](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)** ###### Gaming Transform on-chain activities into auditable financial statements - **![public-sectors-green-bordered.b77716e2](https://blog.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)** ###### Public Sectors Verify financial statements and tax filing accuracy for digital asset - **![Nav bar icons_Blockchain Foundations](https://blog.cryptio.co/hubfs/Nav%20bar%20icons_Blockchain%20Foundations.svg)** ###### Blockchain Foundations Help your ecosystem meet its accounting and reporting requirements - **![accounting-firms-green-bordered.b2040145-2](https://blog.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)** ###### Accounting Firms Join 50+ world-class accounting, audit, tax, and advisory firms - [Partners](https://cryptio.co/partners) - Learn ##### [Blog](https://blog.cryptio.co/) [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/) ##### [Courses](https://cryptio.co/learn) [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn) [![stablecoin-reporting-nav.d2d366b0](https://blog.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide) ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide) Best practices for stablecoin accounting & reporting [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide) [![fair-market-value-accounting-nav.2bb55e56](https://blog.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide) ##### [Fair Market Value Accounting](https://landing.cryptio.co/fmv-accounting-guide) Transition to the newFASB FMV rules [Download guide](https://landing.cryptio.co/fmv-accounting-guide) [![month-end-reconciliation-nav.9eb360bc](https://blog.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation) ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation) Best practices for your month-end processes [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation) [![how-to-get-audit-ready-nav.a0fbb70b](https://blog.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready) ##### [Get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready) Completeness & accuracyfor on-chain businesses. [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready) [![build-your-back-office-nav.7bffac50](https://blog.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook) ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook) Accounting & reportingfor crypto-native businesses [Download guide](https://landing.cryptio.co/guides/back-office-playbook) - [Pricing](https://cryptio.co/pricing) - [Careers](https://cryptio.co/careers) [![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425) [![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c) - ![LinkedIn](https://blog.cryptio.co/hubfs/LinkedIn.svg) - ![Twitter](https://blog.cryptio.co/hubfs/Twitter.svg) ![](https://blog.cryptio.co/hubfs/Shiftmarkets%20partnershio%20blog%20header%20(GENT-257).png) **[Hemant Pandit](https://blog.cryptio.co/author/hemant-pandit) |** May 8, 2024 - [Partnership](https://blog.cryptio.co/tag/partnership) ## End-to-end automation for crypto exchanges and brokers: Shift Markets partners with Cryptio ## End-to-end automation for crypto exchanges and brokers: Shift Markets partners with Cryptio **Shift Markets and Cryptio have partnered to enable the next generation of crypto exchanges to meet regulatory requirements for digital asset licenses. ** Shift Markets and Cryptio have joined forces to streamline the path for crypto businesses toward regulatory reporting compliance. Exchanges, funds, stablecoin issuers, and banking institutions can now benefit from their combined product offering to automate end-to-end financial operations and reporting.![Shiftmarkets partnership](https://blog.cryptio.co/hs-fs/hubfs/Shiftmarkets%20partnership.gif?width=1600&height=900&name=Shiftmarkets%20partnership.gif) ### Enabling businesses to meet worldwide compliance requirements Shift Markets, renowned for its extensive services tailored to crypto exchanges, excels in guiding businesses through the complex cryptocurrency landscape. They offer tailored solutions that simplify the process of achieving legal compliance across various jurisdictions, helping enterprises seamlessly secure MSB/MTL licenses and complete FinCEN registrations. With their strategic support, businesses can meet global compliance standards effortlessly, enabling them to thrive in the fast-evolving crypto ecosystem. Cryptio specializes in simplifying crypto accounting and data reconciliation processes. Their cutting-edge software enables businesses to maintain accurate financial records and comply with international accounting standards. Serving 450+ enterprises, Cryptio’s platform equips businesses with robust reporting capabilities essential for securing MTL, PSP and MiCA licenses, thereby bolstering their regulatory compliance efforts. ![Shiftmarkets partnership blog images (GENT-259)](https://blog.cryptio.co/hs-fs/hubfs/Shiftmarkets%20partnership%20blog%20images%20(GENT-259).png?width=732&height=549&name=Shiftmarkets%20partnership%20blog%20images%20(GENT-259).png) ### The next-generation stack for regulated crypto enterprises Exchanges and institutions using Shift Markets’s marketplace infrastructure can now leverage an automated technology solution for accounting and financial reporting. Cryptio’s platform enables exchanges to reconcile database balances and transactions with the on-chain source of truth. This is built on Cryptio’s proprietary data layer, ensuring accurate and complete financial data that can be used to generate auditable IFRS- and GAAP-compliant reports.  Leveraging their collaboration with Cryptio, Shift Markets employs a sophisticated infrastructure to manage regulatory complexities efficiently across various jurisdictions. Their secure and scalable technology complements Cryptio’s efforts in financial data accuracy, providing a unified solution for streamlined financial operations and reporting. This synergy ensures businesses can adapt seamlessly to the evolving landscape of the regulated crypto market. ### A partnership that serves regulated institutional and enterprise use cases > “Embracing the evolving landscape of the crypto industry, our partnership with Cryptio marks a significant milestone in driving positive change and fostering trust within the ecosystem. Together, we're not just navigating regulations; we're shaping a future where crypto businesses can thrive with confidence and integrity.” **Ian McAfee, CEO, Shift Markets** > “As the crypto industry continues to mature, partnerships like the one between Shift Markets and Cryptio play a crucial role in fostering trust, transparency, and stability within the ecosystem. By working together, we’re poised to drive positive change and propel crypto businesses towards greater success and legitimacy." **Antoine Scalia, Founder and CEO, Cryptio** Through this strategic partnership, Shift Markets and Cryptio aim to offer crypto businesses a holistic solution that addresses both regulatory and accounting challenges. By leveraging Shift Markets' expertise in regulatory compliance and Cryptio's innovative back-office OS, businesses can enhance their operational efficiency, mitigate risks, and accelerate their journey toward achieving digital assets licenses like MTL/MSB, PSP, and MiCA.  **About Shift Markets** [Shift Markets](https://www.shiftmarkets.com/) is a CaaS (Crypto-as-a-Service) solutions provider. Founded in 2009, it enables any sized business to commercialize digital assets to grow their business. Shift offers a range of technological and service-based products for businesses operating within the crypto and traditional markets. To date, Shift has successfully launched 200+ exchanges across our products. With offices, exchanges, and partners worldwide, Shift is a truly global company. As seen previously on Nasdaq, PYMNTS, Sail GP, Algorand, Hedera, & Messari. **About Cryptio** [Cryptio](https://cryptio.co/) is the leading enterprise-grade accounting, tax, financial reporting, and audit preparation solution. It is a complete back-office platform that delivers financial integrity and accountability for businesses working with digital assets. #### Table of contents - [Enabling businesses to meet worldwide compliance requirements](https://blog.cryptio.co/shift-markets-partners-with-cryptio#anchor-1) - [The next-generation stack for regulated crypto enterprises](https://blog.cryptio.co/shift-markets-partners-with-cryptio#anchor-2) - [A partnership that serves regulated institutional and enterprise use cases](https://blog.cryptio.co/shift-markets-partners-with-cryptio#anchor-3) ### Start using Cryptio for free [![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c) [Back to blog](https://blog.cryptio.co) ### Discover more from Cryptio - [Insider](https://blog.cryptio.co/tag/insider) ### [Cryptio in conversation with Forvis Mazars: SAB121 reporting for crypto enterprises](https://blog.cryptio.co/cryptio-forvis-mazars-sab121) 8 minute read - [Product News](https://blog.cryptio.co/tag/product-news) ### [High-volume transaction accounting for scaling crypto enterprises | Cryptio Bedrock](https://blog.cryptio.co/cryptio-bedrock-scalability) 2 minute read - [Product News](https://blog.cryptio.co/tag/product-news) ### [SOC-compliance and enterprise security: a deep dive into crypto accounting software with Cryptio](https://blog.cryptio.co/soc-compliance-and-enterprise-security-a-deep-dive-into-crypto-accounting-software) 3 minute read ## Book a meeting with *our experts* On the call we can set you up with a sandbox account so you can try Cryptio for yourself. ![Letter icon](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/letter.svg) - Enterprise-grade security - Online support - Instant access ![Letter icon](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/loop.png) ![Letter icon](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/ethereum_bitcoin_coin.png) ![Cryptio logo](https://blog.cryptio.co/hubfs/raw_assets/public/Cryptio_October2021/images/logo-white.svg "Cryptio logo") [![LinkedIn](https://blog.cryptio.co/hubfs/LinkedIn.svg)](https://www.linkedin.com/company/cryptio) [![Twitter](https://blog.cryptio.co/hubfs/Twitter.svg)](https://twitter.com/cryptio_co) ![soc-logo](https://blog.cryptio.co/hs-fs/hubfs/Imported%20images/soc-logo.png?width=38&name=soc-logo.png "soc-logo") ### Product - [Use cases](https://cryptio.co) - [Solutions](https://cryptio.co) - [Pricing](https://cryptio.co/pricing) - [Integrations](https://cryptio.co/integrations) ### Support - [Contact us](https://cryptio.co/contact) - [Help center](https://support.cryptio.co/hc/en-gb) ### Company - [Partners](https://cryptio.co/partners) - [Blog](https://blog.cryptio.co/) ### Legal - [Terms & Conditions](https://cryptio.co/terms) - [Privacy policy](https://cryptio.co/privacy) ### Don’t miss an update Sign up for our newsletter for the latest Cryptio news & insights All Rights Reserved - Inquiries: [security@cryptio.co](mailto:security@cryptio.co)